IRIS Inspire - Issue two - August 2023
Welcome to the August edition of IRIS Inspire, our monthly newsletter dedicated to HR and payroll professionals! We aim to bring you a wealth of insightful content designed to enhance your expertise and keep you up to date with the latest trends and best practices in the industry.
In this edition, we delve into a range of topics, from new blogs and podcasts to product updates and help hub changes. Join us as we explore new horizons, tackle challenges, and continue to empower HR and payroll professionals like you with invaluable knowledge and tools.
Podcast ??? The role of technology in the future of payroll
Nick Day, Founder of JGA Recruitment, is joined by Fran Williams, Payroll Product Director, to discuss the future of payroll from giving advice to small businesses, to exploring how businesses can stay on top of changing legislation.
Blog ?? Can AI and HR work together?
It's a fact that Artificial Intelligence (AI) is rapidly transforming the world of work, and HR is no exception. AI is already being experimented with, and its potential to impact functions such as HR is enormous.
Blog ?? How to eliminate payroll errors with HR integration
With the current economic challenges, you can't allow for any payroll errors, but also practically, as due to the talent crisis, you can't risk losing people over silly mistakes.
Blog ?? Work ‘love bombing’: Overpromising & underdelivering
Like with the dating world, it’s simply showing up as your “best self” to try make a good impression. And we're not talking about employees, we're talking about employers!
Rollback - undo pay periods:
Did you know in Staffology Payroll, you can reverse an employee's pay over many pay periods. This allows you to make corrections or adjustments for a single, or multiple employees without affecting the rest of your payroll.
If you made a mistake in a previous tax year, send an Earlier Year FPS.
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Set up Payrun Automation:
Did you know that you can automate your payrun in Staffology Payroll?
Automation saves time, ensures accuracy, enhances compliance, improves data security, and streamlines processes for companies.
Last month IRIS Networx attended the world’s largest TA event, RecFest23 in Knebworth. As the name suggests, this unique event combined industry specialists with an outdoor festival vibe and was thoroughly enjoyed by all.
It was a great opportunity for us to give out lots of branded merch and meet with lots of new faces! Our next exhibition will be the In-house Recruitment Live London on 21st September.
National Payroll Week:
?? Monday September 4th - Friday September 8th 2023:
This week is designed to demonstrate the impact that the payroll industry has in the UK through the collection of National Insurance and income tax.
Not only this, National Payroll Week aims to celebrate our Payroll Professionals, highlighting the great job they do through strategic decision making, reward and remuneration - guiding away from the misconception that our payroll professionals only push a button!
Real Living Wage:
?? Autumn 2023:
The real living wage is the only UK wage rate based on the cost of living, voluntarily paid by over 13,000 UK businesses.
The Living Wage rates will be announced for 2023-24 this Autumn - employers will then have 6 months to implement the new rates.?
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